Economic Development

Todd-Wadena actively pursues ways to be a leader and catalyst for growth in central Minnesota.

Revolving Loan Fund

In 1995, Todd-Wadena was awarded a $400,000 RUS grant to fund two economic development projects in the area and to establish a revolving loan fund as the initial loans were repaid. In 2008, the cooperative received $300,000 through a similar grant project. As these loans are paid to Todd-Wadena, they are available for future economic development projects in the area. These loan funds have helped jump-start or expand many local businesses.

To be considered for a Todd-Wadena Economic Development loan, projects should create or retain jobs (with the exception of infrastructure improvement projects) and have had prior local or regional development agency participation. Interested parties may contact the Todd-Wadena office at 800-321-8932.

Economic Development Assistance

Todd-Wadena partners with its power GRE Econ Dev Portal photosupplier, Great River Energy, to assist with local economic development efforts.
Click this link to find area information and available incentives, loans, local community contacts, training opportunities, and more from Great River Energy.